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PNFP Reports 3Q24 Diluted EPS of $1.86 and Net Interest Margin of 3.22 Percent

Tue, 10/15/2024 - 18:49
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.86 for the quarter ended Sept. 30, 2024, compared to net income per diluted common share of $1.69 for the quarter ended Sept. 30, 2023, an increase of approximately 10.1 percent. Net income per diluted common share was $4.08 for the nine months ended Sept. 30, 2024, compared to $5.99 for the nine months ended Sept. 30, 2023, a decrease of approximately 31.9

Partnership on AI Launches Online Series ‘Beyond the Code’ to Advance Public Understanding of AI

Tue, 10/15/2024 - 18:49
SAN FRANCISCO--(BUSINESS WIRE)--Mixed messages about AI—optimistic marketing claims alongside dystopian warnings of potential dangers—make it challenging for the average person to discern what AI is and what its impacts can be. To help fill this gap in understanding, Partnership on AI is launching ‘Beyond the Code,’ a new online series exploring how AI is making an impact on people’s lives, produced by BBC StoryWorks Commercial Productions. “Watch, enjoy and share all of these amazing stories.

Teton Expects to Report Diluted EPS for the Third Quarter 2024 of $0.14 to $0.24 Per Share

Tue, 10/15/2024 - 18:49
GREENWICH, Conn.--(BUSINESS WIRE)--Teton Advisors, Inc. (“Teton”) (OTCQX: TETAA) announced today that assets under management (“AUM”) were $1.4 billion at September 30, 2024 as compared to $1.3 billion at September 30, 2023. Teton expects to report gross revenue for the third quarter of 2024 of $3.1 million compared to $3.1 million for the third quarter of 2023. Teton’s operating revenue is primarily derived from its net investment advisory fees which were $2.7 million for the third quarter of

JPMorganChase Declares Preferred Stock Dividends

Tue, 10/15/2024 - 18:49
NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) has declared dividends on the outstanding shares of the Firm’s Series DD, EE, GG, JJ, KK, LL, MM and NN preferred stock. Information can be found on the Firm’s Investor Relations website at https://www.jpmorganchase.com/ir/news. JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorganChase had $4.2 tr

Paysign to Host Third Quarter 2024 Earnings Call

Tue, 10/15/2024 - 18:49
HENDERSON, Nev.--(BUSINESS WIRE)--Paysign to Host Third Quarter 2024 Earnings Call

Hilltop Holdings Inc. Announces Third Quarter 2024 Earnings Conference Call and Webcast

Tue, 10/15/2024 - 18:49
DALLAS--(BUSINESS WIRE)--Hilltop Holdings Inc. (NYSE: HTH) (“Hilltop”), a Dallas-based financial holding company, will host a live webcast and conference call at 8:00 AM Central (9:00 AM Eastern) on Friday, October 25, 2024. Hilltop President and CEO Jeremy B. Ford and Hilltop CFO William B. Furr will review third quarter 2024 financial results. Interested parties can access the conference call by dialing 800-267-6316 (North America) or 203-518-9856 (International) and then using the conference

Eagle Point Institutional Income Fund Approved to List Preferred Shares on New York Stock Exchange

Tue, 10/15/2024 - 18:49
GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Institutional Income Fund (the “Fund”) is pleased to announce that the Fund’s 8.125% Series A Term Preferred Shares of beneficial interest due 2029 (the “Preferred Shares”) have been approved for listing and trading on the New York Stock Exchange (“NYSE”). The Fund expects its Preferred Shares to commence trading on the NYSE on October 18, 2024 under the ticker symbol “EIIA”. ABOUT EAGLE POINT INSTITUTIONAL INCOME FUND The Fund is a non-diversified

McMillan Pazdan Smith Announces Growth Partnership with Providus Capital Partners

Tue, 10/15/2024 - 18:49
GREENVILLE, S.C.--(BUSINESS WIRE)--McMillan Pazdan Smith, LLC (“MPS or the “Company”), a leading architecture and planning firm, today announced that it has partnered with Providus Capital Partners LLC (“Providus Capital”), a growth-oriented equity partner for the architecture and engineering (“A&E”) industry. The financial terms of the transaction were not disclosed. Founded in 1955 and headquartered in Greenville, South Carolina, MPS offers a range of architecture, advisory, planning, and

Horizon Technology Finance to Announce Third Quarter 2024 Financial Results

Tue, 10/15/2024 - 18:49
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”) (the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital-backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that it plans to release financial results for the third quarter ended September 30, 2024 on Tuesday, Oc

Madison Covered Call & Equity Strategy Fund Announces Shareholder Approval of XA Investments as Investment Adviser and Madison Investments as Sub-Adviser; Fund to Rebrand as XAI Madison Equity Premium Income Fund

Tue, 10/15/2024 - 18:49
CHICAGO--(BUSINESS WIRE)--During a special meeting on October 15, 2024 (the “Special Meeting”), shareholders of the Madison Covered Call & Equity Strategy Fund (NYSE: MCN) (“MCN” or the “Fund”) approved multiple important proposals: A newly constituted slate of trustees to serve on the Fund’s board of trustees; A new investment advisory agreement between the Fund and XA Investments, LLC (“XAI”) appointing XAI as the Fund’s investment advisor (the “New Advisory Agreement”); A new investment

Rithm Capital Corp. Schedules Third Quarter 2024 Earnings Release and Conference Call

Tue, 10/15/2024 - 18:49
NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE:RITM, “Rithm Capital,” “Rithm” or the “Company”) announced today that it will release its third quarter 2024 financial results for the period ended September 30, 2024 on Tuesday, October 29, 2024 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Tuesday, October 29, 2024 at 8:00 A.M. Eastern Time. A copy of the earnings release will be posted to the Investors – News section of the Comp

Ameris Foundation Commits $50,000 for Hurricane Relief

Tue, 10/15/2024 - 18:49
ATLANTA--(BUSINESS WIRE)--The Ameris Foundation is committing $50,000 to the American Red Cross to support relief efforts from recent hurricanes that have impacted communities across the Southeast. “Both Hurricane Helene and Hurricane Milton have severely impacted many of the communities we serve, and we join with others in helping the American Red Cross to provide immediate relief and recovery assistance,” said Michael Pierson, Ameris Bank chief governance officer and executive director of the

Nicolet Bankshares, Inc. Announces Third Quarter 2024 Results

Tue, 10/15/2024 - 18:49
GREEN BAY, Wis.--(BUSINESS WIRE)--Nicolet Bankshares, Inc. (NYSE: NIC) (“Nicolet”) announced third quarter 2024 net income of $33 million and earnings per diluted common share of $2.10, compared to net income of $29 million and earnings per diluted common share of $1.92 for second quarter 2024, and net income of $17 million and earnings per diluted common share of $1.14 for third quarter 2023. Net income for the nine months ended September 30, 2024 was $90 million and earnings per diluted commo

Interactive Brokers Group Announces 3Q2024 Results

Tue, 10/15/2024 - 18:49
GREENWICH, Conn.--(BUSINESS WIRE)---- $IBKR #Earnings--Interactive Brokers Group, Inc. (Nasdaq: IBKR), an automated global electronic broker, announced results for the quarter ended September 30, 2024. Reported diluted earnings per share were $1.81 for the current quarter and $1.75 as adjusted. For the year-ago quarter, reported diluted earnings per share were $1.56 and $1.55 as adjusted. Reported net revenues were $1,365 million for the current quarter and $1,327 million as adjusted. For the year-ago quarter, rep

UPS INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that United Parcel Service, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Tue, 10/15/2024 - 18:49
NEW YORK--(BUSINESS WIRE)---- $UPS #UnitedParcelService--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against United Parcel Service, Inc. (“UPS” or “the Company”) (NYSE: UPS) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired UPS secur

Hancock Whitney Reports Third Quarter 2024 EPS of $1.33

Tue, 10/15/2024 - 18:49
GULFPORT, Miss.--(BUSINESS WIRE)--Hancock Whitney reports third quarter 2024 EPS of $1.33

OFS Credit Company Provides September 2024 Net Asset Value Update

Tue, 10/15/2024 - 18:49
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of September 30, 2024. Management’s unaudited estimate of the range of our NAV per share of our common stock as of September 30, 2024 is between $6.98 and $7.08. This estimate is not a comprehensive s

Financial Advisor James Kosan joins UBS in the Inland Empire

Tue, 10/15/2024 - 15:49
RIVERSIDE, Calif.--(BUSINESS WIRE)-- #BestAdvisorsSoCal--Jim Kosan, financial advisor for ultra high net worth clients, switches from Morgan Stanley to UBS, joins Riverside office. Pat Lizza welcomes him.

VanEck Uranium and Nuclear ETF (NLR) Returns 17.29% YTD Amid Nuclear Resurgence

Tue, 10/15/2024 - 15:49
NEW YORK--(BUSINESS WIRE)--VanEck's NLR ETF returns at top of category, outperforming other nuclear energy-related ETFs; provides exposure to full nuclear energy ecosystem.

Exelixis Announces Update on Second Patent Litigation Trial with MSN Laboratories

Tue, 10/15/2024 - 15:49
ALAMEDA, Calif.--(BUSINESS WIRE)--Exelixis, Inc. (Nasdaq: EXEL) today announced that in the lawsuit Exelixis, Inc. (Exelixis) vs. MSN Laboratories Private Limited et al. (MSN), Civil Action No. 22-00228 (Consolidated), the U.S. District Court for the District of Delaware ruled in Exelixis’ favor, rejecting MSN’s challenge to three Orange Book-listed patents related to cabozantinib, including U.S. Patents No. 11,091,439 (crystalline salt); 11,091,440 (pharmaceutical compositions); and 11,098,015

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